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Stablecoins in HK: Steady progress for long-term success?

With Hong Kong’s first batch of stablecoin issuer licenses expected to be released early next year, China Daily spoke with legislators, experts, and lawyers for a comprehensive review of the financial hub’s stablecoin regulatory framework. What are stablecoins? Is Hong Kong's regulatory regime too strict? Could its framework challenge the dominance of the US dollar? What predictions and suggestions do stakeholders have for Hong Kong's stablecoin market? Click the video to learn more!

December 19, 2025 CDHK In-Depth

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